Auto Loans
Auto Loans Made for Texas Drivers
New, Used, or Refinance: You Have Options
Maybe you're buying your first car. Maybe your family outgrew the current one. Or maybe the loan you signed somewhere else came with a higher rate than you deserved. Whatever brought you here, you have options.
UFCU finances new and used vehicles , and refinancing is often the simplest place to start. Many Members are surprised by how much a small rate difference adds up to over a full loan term. Moving an existing auto loan to a lower rate can reduce your monthly payment or shorten your term, and checking takes only a few minutes.
Worried About Credit?
If you’re unsure where your credit stands, we still encourage you to reach out for preapproval.
If you’re not approved, our team offers credit tools to help you build your credit and get rolling faster.
Reliable transportation can be a turning point for your finances. No matter where you’re starting, UFCU is here to help you move forward.
Rates
| Annual Percentage Rate (APR) based on your credit and risk score | ||||||
|---|---|---|---|---|---|---|
| Term | Excellent | Good | Average | Fair | Marginal | Low / No score |
| 1 to 48 Months | 4.99% | 6.24% | 7.49% | 9.39% | 14.65% | 17.25% |
| 49 to 66 Months | 5.64% | 6.64% | 7.89% | 9.64% | 15.10% | 17.70% |
| 67 Plus Months | 5.89% | 6.89% | 8.14% or 7.89%* | 9.89% or 9.64%* | 15.35% | 17.90% |
Why Choose a Credit Union for Your Auto Loan?
As a credit union, UFCU works differently from for-profit lenders. UFCU belongs to its Members, which means earnings come back to you through competitive rates, lower fees, and honest financial guidance.
That difference matters most on a big purchase like a vehicle. When you finance through a credit union, your lender's only job is your financial well-being, not a shareholder report. That is one reason so many drivers searching for the best credit union in Austin end up here.2
How to Set Yourself Up for a Great Rate
A little preparation can save you real money over the life of an auto loan. Before you pick out a car, take a few smart steps:
- Check your credit report and correct any errors before you apply
- Get preapproved first, so you can shop with a firm budget already set
- Choose the shortest loan term your monthly budget handles comfortably
- Compare the total cost of the loan, not just the monthly payment
Preapproval deserves special attention. When you walk into a dealership with financing already arranged, the conversation stays focused on the price of the car, which is exactly where you want it.
Frequently Asked Questions
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Most applications ask for proof of identity, proof of income, and vehicle details if you already have a car picked out. You can apply online at UFCU.org in minutes, and you can start before you choose a vehicle.
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Yes. If your current rate is higher than you'd like, refinancing may lower your payment or reduce the total interest you pay. Even a loan you opened recently may qualify, so comparing costs you nothing.
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Membership reaches beyond Austin. Visit UFCU.org for current eligibility details or reach out and we'll help you find your path to Membership in minutes.
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Yes. Alongside auto loans, UFCU offers mortgage loans and home financing guidance with the same Member-first approach. If a home purchase sits anywhere in your future, you already know where to start.
Get Started Today
Your next vehicle should feel exciting, not stressful. Apply now, or become a Member first and see what Member-owned lending feels like. Either way, you'll have friendly guidance from your first question to your first drive.
Apply Now
Calculators
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Find the Best Loan Term for You
Not sure how to decide on a loan term? The “term” of your vehicle loan is the duration of time, usually in months, you have to pay off the loan in full. The term can make an enormous difference in your monthly payment. It also can also have a significant impact on the amount of interest you will pay over the course of the loan.
- A shorter term means fewer months to pay off the loan. That translates to higher monthly payments, but you’ll pay less interest (and thus less money overall).
- A longer term means more months to pay off the loan. That translates to lower monthly payments, but you’ll pay more interest (and thus more money overall).
- You want to strike a healthy balance between finding a monthly payment you can afford without paying too much interest over the life of the term. Start by entering the vehicle purchase price.
- Enter how much you will pay for a down payment.
- Enter any cash rebate or anticipated cash back.
- Enter the sales tax rate for the state in which you’re purchasing the vehicle.
- Enter the value of any vehicle you intend to trade in.
- If you have an outstanding balance on the vehicle you want to trade in, also add that amount.
- Adjust the loan term, interest rate, and down payment amount to reflect your situation and learn what the right auto loan term for you is.
Our online calculators are designed for educational and informational purposes only. They are intended to provide general guidance and estimates based on the information you provide. These tools should not be used as the sole basis for making financial decisions. We recommend consulting with a qualified financial advisor to obtain personalized advice tailored to your specific financial situation. There is no guarantee on the loan terms presented in the calculation. -
Learn How Low Your Monthly Payment Could Be
Wondering how much you should commit to paying monthly for your next vehicle? You can calculate your monthly payment with three key factors:
- The net purchase price of the vehicle (plus sales tax)
- The loan term (how many months you have to pay)
- The interest rate for the loan
- Start by entering the purchase price of the vehicle.
- Enter any cash rebate or anticipated cash back.
- Enter the sales tax rate for the state in which you’re purchasing the vehicle.
- Enter the value of any vehicle you intend to trade in.
- If you have an outstanding balance on the vehicle you want to trade in, also add that amount.
- Adjust the interest rate and down payment amounts to reflect your situation and then compare the monthly payment amounts to see what works for you.
Our online calculators are designed for educational and informational purposes only. They are intended to provide general guidance and estimates based on the information you provide. These tools should not be used as the sole basis for making financial decisions. We recommend consulting with a qualified financial advisor to obtain personalized advice tailored to your specific financial situation. There is no guarantee on the loan terms presented in the calculation. -
Learn How Much Vehicle You Can Afford
Wondering how much you should borrow for your next auto loan? Let's break it down.
- Start by considering your monthly budget, any down payment you can make, and the trade-in value of your current vehicle.
- Enter your ideal monthly payment and the interest rate you think you might qualify for.
- Enter any cash rebates or cash back. (While these offers from the dealership can help reduce your overall spending, it's crucial to base your loan amount on your actual budget for long-term financial success.)
- Adjust the purchase details to see how much vehicle you can afford based on the loan term you choose.
- Finally, review your results in the chart and table to get a clear picture of your options.
Our online calculators are designed for educational and informational purposes only. They are intended to provide general guidance and estimates based on the information you provide. These tools should not be used as the sole basis for making financial decisions. We recommend consulting with a qualified financial advisor to obtain personalized advice tailored to your specific financial situation. There is no guarantee on the loan terms presented in the calculation.
Related Products and Services
Vehicle Services
You can further reduce risk with the Extended Warranty or Major Mechanical Protection (MMP), Guaranteed Asset Protection, and Debt Cancellation programs.
Credit Coach
Auto loan rates are determined in large part by your credit score. See where you stand and find ways to boost your numbers with our online Credit Coach.
1 APR = Annual Percentage Rate. Subject to credit eligibility. Certain restrictions apply. Rates subject to change.
2 Rankings are based on March 31, 2025 data provided by NCUA, reported by the Austin Business Journal.Rankings are based on March 31, 2025 data provided by NCUA, reported by the Austin Business Journal.